SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (504)10/24/1999 4:24:00 PM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 1612
 
Will have to look into this.

Harmon who wrote (43665)
From: Robert Dirks
Sunday, Oct 24 1999 1:19PM ET
Reply # of 43722

There was a PM fund Manager interviewed on Investing-Online program on Saturday.
I must say he sounded like he knew what he was talking about (VERY few I hear do).

He mentioned the Unhedged darling Agnico Eagle and their advertised production cost of $275. or so per ounce.

NOW, he said when they did the actual calculations, AGE would only start making a profit with $400. Gold. Go
Figure.......

Imagine what the numbers must be at the BARRACKS?

AH well, don't matter anyways since the POG is going to $650. +++.